LEADER 04753oam 22010694 450 001 9910818880103321 005 20240402050211.0 010 $a1-4623-4470-4 010 $a1-4527-3193-4 010 $a9786612840692 010 $a1-4518-6975-4 010 $a1-282-84069-X 035 $a(CKB)3170000000055026 035 $a(EBL)1607871 035 $a(SSID)ssj0000944143 035 $a(PQKBManifestationID)11573590 035 $a(PQKBTitleCode)TC0000944143 035 $a(PQKBWorkID)10982652 035 $a(PQKB)10312651 035 $a(OCoLC)815737975 035 $a(MiAaPQ)EBC1607871 035 $a(IMF)WPIEE2008115 035 $a(EXLCZ)993170000000055026 100 $a20020129d2008 uf 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aImpact of Government Expenditure on Growth : $eThe Case of Azerbaijan 205 $a1st ed. 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2008. 215 $a1 online resource (20 p.) 225 1 $aIMF Working Papers 225 0$aIMF working paper ;$vWP/08/115 300 $aDescription based upon print version of record. 311 $a1-4519-1429-6 320 $aIncludes bibliographical references. 327 $aContents; I. Introduction; II. Historical Lessons for New Oil-Producing Countries: The Cases of Nigeria and Saudi Arabia; Figures; 1. Nigeria and Saudi Arabia: Selected Economic Indicators, 1970-89; III. Model-Based Evaluation of Fiscal Policy Scenario; A. Literature Review; B. The Model; C. Simulations; Baseline scenario: inputs to the simulation exercise; 2. The baseline scenario; Calibration; Table; 1. Parameters and initial conditions (in annual frequency); Simulation results; IV. Conclusion; 3. Simulation results; References; Annex; I. Solving the Model 330 3 $aThis paper evaluates a fiscal scenario based on the assumption of a rapid scaling-up of expenditure to be followed by a rapid scaling-down in the context of Azerbaijan's current temporary oil production boom. To this end, it relies on a review of historical precedents and a neoclassical growth model. Based on both strands of analysis, the paper suggests that the evaluated fiscal scenario poses significant risks to growth sustainability. 410 0$aIMF Working Papers; Working Paper ;$vNo. 2008/115 606 $aPetroleum industry and trade$zAzerbaijan$xEconometric models 606 $aPetroleum industry and trade$zNigeria$xEconometric models 606 $aPetroleum industry and trade$zSaudi Arabia$xEconometric models 606 $aPublic Finance$2imf 606 $aTaxation$2imf 606 $aIndustries: Energy$2imf 606 $aNational Government Expenditures and Related Policies: Infrastructures$2imf 606 $aOther Public Investment and Capital Stock$2imf 606 $aNational Government Expenditures and Related Policies: General$2imf 606 $aBusiness Taxes and Subsidies$2imf 606 $aMacroeconomics: Production$2imf 606 $aPublic finance & taxation$2imf 606 $aPetroleum, oil & gas industries$2imf 606 $aExpenditure$2imf 606 $aCapital spending$2imf 606 $aPublic investment spending$2imf 606 $aOil, gas and mining taxes$2imf 606 $aOil production$2imf 606 $aExpenditures, Public$2imf 606 $aCapital investments$2imf 606 $aPublic investments$2imf 606 $aPetroleum industry and trade$2imf 607 $aSaudi Arabia$2imf 615 0$aPetroleum industry and trade$xEconometric models. 615 0$aPetroleum industry and trade$xEconometric models. 615 0$aPetroleum industry and trade$xEconometric models. 615 7$aPublic Finance 615 7$aTaxation 615 7$aIndustries: Energy 615 7$aNational Government Expenditures and Related Policies: Infrastructures 615 7$aOther Public Investment and Capital Stock 615 7$aNational Government Expenditures and Related Policies: General 615 7$aBusiness Taxes and Subsidies 615 7$aMacroeconomics: Production 615 7$aPublic finance & taxation 615 7$aPetroleum, oil & gas industries 615 7$aExpenditure 615 7$aCapital spending 615 7$aPublic investment spending 615 7$aOil, gas and mining taxes 615 7$aOil production 615 7$aExpenditures, Public 615 7$aCapital investments 615 7$aPublic investments 615 7$aPetroleum industry and trade 676 $a333.823094754 801 0$bDcWaIMF 906 $aBOOK 912 $a9910818880103321 996 $aImpact of Government Expenditure on Growth$94053511 997 $aUNINA